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#XRPETFs in January proposed the formation of three XRP linked ETFs — the Ultra XRP ETF (with 2x leverage), the Short XRP ETF (with inverse (-1x) leverage), and the Ultra Short XRP ETF (with inverse (-2x) leverage), according to a report by CryptoSlate
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#TrumpTaxCuts The Trump tax cuts, officially known as the Tax Cuts and Jobs Act (TCJA), did not specifically address cryptocurrency. However, the TCJA did provide some guidance on the taxation of digital assets. Under the TCJA, cryptocurrency is considered a capital asset, and gains or losses from the sale or exchange of cryptocurrency are subject to capital gains tax. This means that if you sell or exchange cryptocurrency, you will need to report the gain or loss on your tax return and pay taxes on the gain. The TCJA also introduced a new tax provision, known as the "de minimis" rule, which allows taxpayers to exclude up to $600 of gains from the sale of cryptocurrency from taxation. However, this rule only applies to gains from the sale of cryptocurrency that is held for more than one year. It's worth noting that the taxation of cryptocurrency is still a developing area of law, and there may be additional guidance or regulations issued in the future. It's always a good idea to consult with a tax professional or financial advisor to ensure you are in compliance with all tax laws and regulations.
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#AirdropFinderGuide Binance Wallet has announced its 13th Exclusive Token Generation Event (TGE), featuring MilkyWay (MILK) in collaboration with PancakeSwap. The subscription window will open on April 29, 2025, from 08:00 to 10:00 UTC. Participation eligibility will be based on the Alpha Points system, with the minimum threshold set to be announced shortly before the subscription period begins.
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#XRPETF Global crypto asset manager Hashdex announced on April 25 via social media platform X the launch of XRPH11, which it described as “the world’s first XRP ETF” and “another crypto milestone on the Brazilian stock exchange.” The launch marks a significant expansion of crypto investment products within Brazil’s regulated financial markets and underscores Hashdex’s ambition to drive innovation in the sector. The asset management firm elaborated on the significance of the XRP exchange-traded fund (ETF) for investors, stating.
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